$BTC The cryptocurrency market will eventually be regulated!\nSouth Korea plans to implement a 20% cryptocurrency tax starting in early 2025 and raise the tax-exempt amount to nearly $36,000.\nIn the context of fiscal constraints, those trading US stocks have received messages from the tax bureau requiring them to report overseas income; how far behind can cryptocurrency traders be?\nSome industry friends have reported that research is also being conducted on taxing cryptocurrency trading. However, to be honest, paying back taxes is still better than having your card frozen.